Retailer Brian Bell Group chairman Ian Clough on January 1 said big businesses in Papua New Guinea (PNG) are cautiously optimistic about the prospects for…
Tourism Minister Belden Nama on December 27 announced a 100,000 kina in financial support for the McRoyal Hotel renovation project in Mt. Hagen, Western Highlands…
The Hela provincial government on December 26 disbursed 1 million kina to the Women’s Micro Bank to carry out banking services and bring financial inclusivity,…
The National Fisheries Authority (NFA) announced that the lobster free-diving season was opened in protected areas within Papua New Guinea’s jurisdiction, local media said on…
Coca-Cola EuroPacific Partners (CCEP) in Papua New Guinea (PNG) launched a refrigeration and air conditioning (RAC) trade testing center in Lae, Morobe province on December…
The Wariman Livestock Station in East Sepik province re-opened on December 19. An abattoir project is also currently underway at the facility, along with the…
Internal Revenue Commissioner Sam Koim said individuals and businesses can send up to 1.5 million kina overseas starting from January 1, 2025, in a latest…
The National Banking Corporation (NBC) is expected to be listed in the Papua New Guinea (PNG) stock exchange in 2027, the bank’s chairman Darrell Seeto…
The Rabaul district administration in East New Britain on December 13 launched a website and an economic empowerment program to support local small and medium…
The National Broadcasting Corporation (NBC) on December 16 launched a digital TV product featuring multiple channels. Information and Communication Technology Minister Timothy Masiu attended the…
Kina Securities Limited has appointed Ivan Vidovich as acting chief executive officer and managing director, succeeding Greg Pawson who has been with the bank for…
The National Banking Corporation Limited (NBC), formerly known as the People’s Micro Bank, was granted a commercial banking license by the Bank of Papua New…
Prime Minister James Marape on December 9 urged foreign investors to share their profits with locals to avoid multi-layered communal violence for projects in Papua…
Investment Promotion Authority managing director Clarence Hoot on December 8 said Australia remained the top investor in Papua New Guinea with 4 billion kina worth…
State Treasurer Ian Ling-Stuckey on November 29 said the central government is planning to decrease the banking tax to 40% in 2025 and 35% in…
State Treasurer Ian Ling-Stuckey said the government is planning to simplify tax requirements for small and medium-sized enterprises (SMEs) as part of its key programs…
International Trade and Investment Minister Richard Maru on November 27 said the central government has launched an investigation into complaints of the low 15 kina…
Mission Aviation Fellowship (MAF) increased the cost of its flight services by 10% and 20% due to a shortage of aviation fuel in Papua New…
The Livestock Development Corporation (LDC) on November 24 signed a memorandum of understanding (MoU) with Australia-based exporter Bondstock Rural Exports (BRE) to boost live cattle…
Kina Bank signed a memorandum of understanding (MoU) with the Bank of Papua New Guinea (BPNG) and the Global Green Growth Institute (GGGI) on the…
Oil Palm Industry Corporation general secretary Kepson Pupita on November 20 said a new Oil Palm Industry Authority (OPIA) will be established to be responsible…
Western Highlands Governor Wai Rapa on November 15 distributed 200,000 kina to the Chamber of Commerce in Mt. Hagen district to boost businesses in the…
The Commerce and Industry Ministry on November 15 distributed 500,000 kina in funding to boost small-and-medium enterprises (SMEs) in Kerowagi district, Chimbu province. Commerce and…
Coffee production in Papua New Guinea (PNG) is being affected by the coffee berry borer pest, PNG National Research Institute deputy head Wilson Thompson said…
The Autonomous Bougainville Government’s (ABG) Department of Commerce, Trade, Industry and Economic Development signed a Memorandum of Understanding (MOU) with Papua New Guinea’s (PNG) Small…
